HB 25-1003

signed

Insurance Premium Tax Rate for Home Offices

Plain-English Summary

AI-generated

House Bill 25-1003, which has been signed into law and is now effective, removes a tax break that businesses could claim for home offices starting from the year 2026. This means that companies with home offices will no longer be eligible for lower insurance premium taxes on those offices beginning next year. The change affects any business using a home office as an official work space, impacting their financial costs related to insurance premiums from January 1, 2026 onwards.

Official Summary

The act, beginning in the 2026 calendar year, repeals the reduced insurance premium tax rate tax expenditure for a home office or regional home office.APPROVED by Governor August 28, 2025EFFECTIVE August 28, 2025(Note: This summary applies to this bill as enacted.)

Details

Chamber: House
First action: 2025-08-28
Latest action: 2025-08-21
Last action desc.: Introduced In House - Assigned to Appropriations
OpenStates: View source ↗

Topics

Insurance

Related Legislation

This bill affects (46)

amends

HB 25-1296(2025A)· signed

Tax Expenditure Adjustment

relates

SB 25-093(2025A)· signed

Department of Health Care Policy & Financing Supplemental

relates

HB 24-1009(2024A)· signed

Bilingual Child Care Licensing Resources

relates

HB 24-1312(2024A)· signed

State Income Tax Credit for Careworkers

relates

HB 25-1174(2025A)· signed

Reimbursement Requirements for Health Insurers

relates

SB 25-107(2025A)· signed

Department of Revenue Supplemental

relates

HB 24-1199(2024A)· signed

Department of Revenue Supplemental

relates

HB 22-1133(2022A)· signed

Family And Medical Leave Insurance Fund

relates

HB 22-1064(2022A)· signed

Prohibit Flavored Tobacco Regulate Synthetic Nicotine

relates

SB 23-210(2023A)· signed

Update Administration Of Certain Human Services

relates

HB 24-1196(2024A)· signed

Department of Public Health & Environment Supplemental

relates

SB 25-104(2025A)· signed

Department of Public Health & Environment Supplemental

relates

SB 23-131(2023A)· signed

Department of Revenue Supplemental

relates

SB 18-036(2018A)· signed

Relocate Title 24 Tobacco Sales Minors To Title 44

relates

HB 22-1295(2022A)· signed

Department Early Childhood And Universal Preschool Program

relates

SB 24-131(2024A)· signed

Prohibiting Carrying Firearms in Sensitive Spaces

relates

SB 23-117(2023A)· signed

Department of Health Care Policy & Financing Supplemental

relates

HB 24-1185(2024A)· signed

Department of Health Care Policy & Financing Supplemental

relates

SB 17-169(2017A)· signed

Supplemental Appropriations Department of Revenue

relates

HB 22-1181(2022A)· signed

Department of Revenue Supplemental

relates

HB 22-1173(2022A)· signed

Department of Health Care Policy & Financing Supplemental

relates

SB 25-270(2025A)· signed

Enterprise Nursing Facility Provider Fees

relates

HB 25-1288(2025A)· signed

Support for Federally Qualified Health Centers

relates

HB 25-1296(2025A)· signed

Tax Expenditure Adjustment

relates

SB 17-162(2017A)· signed

Supplemental Appropriations Department of Health Care Policy & Financing

relates

HB 22-1179(2022A)· signed

Department of Public Health & Environment Supplemental

relates

SB 18-139(2018A)· signed

Statewide Regulation Of Products With Nicotine

relates

SB 23-128(2023A)· signed

Department of Public Health & Environment Supplemental

relates

HB 24-1399(2024A)· signed

Discounted Care for Indigent Patients

relates

HB 18-1161(2018A)· signed

Supplemental Appropriation - Dept Of Health Care Policy & Financing

relates

HB 25-1003(2025A)· signed

Children Complex Health Needs Waiver

relates

SB 22-213(2022A)· signed

Child Care Support Programs

relates

HB 23-1235(2023A)· signed

Technical Modification To Department Of Early Childhood

relates

HB 18-1167(2018A)· signed

Supplemental Appropriation - Dept Of Revenue

relates

SB 18-179(2018A)· signed

Extend Credit For Out-of-state Tobacco Sales

repeals

SB 22-052(2022A)· signed

Medical Assistance Income Eligibility Requirements

repeals

SB 23-289(2023A)· signed

Community First Choice Medicaid Benefit

repeals

HB 22-1295(2022A)· signed

Department Early Childhood And Universal Preschool Program

repeals

SB 18-091(2018A)· signed

Modernize Behavioral Health Terminology

repeals

HB 24-1312(2024A)· signed

State Income Tax Credit for Careworkers

repeals

SB 18-093(2018A)· signed

Repeal Obsolete Medicaid Waiver Persons With AIDS

repeals

SB 17-267(2017A)· signed

Sustainability Of Rural Colorado

repeals

SB 25-264(2025A)· signed

Cash Fund Transfers to the General Fund

repeals

SB 17-057(2017A)· failed

Colorado Healthcare Affordability & Sustainability Enterprise

repeals

HB 18-1328(2018A)· signed

Redesign Residential Child Health Care Waiver

repeals

HB 25-1003(2025A)· signed

Children Complex Health Needs Waiver

Affected by (9)

relates

HB 26-1411(2026A)· signed

Changes to Cover All Coloradans Program

relates

HB 26-1177(2026A)· signed

End Nursing Provider Wage Enhancement Payments

relates

HB 26-1235(2026A)· signed

Updates to Medicaid

relates

HB 26-1165(2026A)· signed

Department of Public Health & Environment Supplemental

relates

HB 26-1168(2026A)· signed

Department of Revenue Supplemental

relates

HB 26-1404(2026A)· signed

Transfer Tobacco Education Fund to Preschool Program Fund

relates

HB 26-1289(2026A)· signed

Modification of Certain Tax Expenditures

relates

HB 26-1155(2026A)· signed

Department of Health Care Policy & Financing Supplemental

repeals

HB 26-1259(2026A)· signed

Department of Early Childhood Clean-Up

Votes

BILL

2025-08-25 · House · pass — Yes: — · No: — · Other: —

ADOPT REPORT

2025-08-24 · House · pass — Yes: — · No: — · Other: —

Refer House Bill 25B-1003 to the Committee of the Whole.

2025-08-23 · Senate · pass — Yes: — · No: — · Other: —

Refer House Bill 25B-1003, as amended, to the Committee of the Whole.

2025-08-21 · House · pass — Yes: — · No: — · Other: —

Adopt amendment L.001

2025-08-21 · House · pass — Yes: — · No: — · Other: —